Hickory Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide…

Hickory Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z:

(The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.)

Activity Cost PoolActivity MeasureEstimated Overhead CostExpected Activity  Machining Machine-hours$235,200   12,000 MHs  Machine setups Number of setups$73,600   160 setups  Production design Number of products$80,000   2 products  General factory Direct labor-hours$295,200   12,000 DLHsActivity MeasureProduct YProduct Z  Machining6,600  5,400    Number of setups40  120    Number of products1  1    Direct labor-hours7,600  4,400

Required:

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?

(Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)

Total manufacturing overhead cost$